CBV, INC.,
Plaintiff
v.
CHANBOND, LLC,
Defendant
and
DIERDRE LEANE and IPNAV, LLC,
Defendants.
C.A. No. 1:21-cv-01456-GBW
JOINT STATUS REPORT
Pursuant to the Court’s June 8, 2023 Order [D.I. 220], Plaintiff CBV, Inc. (“CBV”),
Defendants Deirdre Leane and IPNAV, LLC (“Leane Defendants”), and ChanBond, LLC
(“ChanBond” and, collectively, the “Parties”) respectfully submit this joint status report.
1. The Parties agree that in light of the Court’s prior rulings and the parties’ respective
settlements, there are no claims remaining to be tried. CBV, however, believes that it has a basis
for, and wishes to preserve its right to, appeal. Specifically, CBV anticipates the parties entering a
stipulated final, appealable judgment substantively resolving the declaratory judgment claims
brought by CBV (Counts V and VI of CBV’s First Amended Complaint [D.I. 6]) and by Leane
Defendants (Count I of Leane Defendants’ Counterclaim [D.I. 41]), consistent with the Court’s
October 5, 2022 Memorandum Opinion [D.I. 151].
2. As such, the Parties respectfully ask the Court to adjourn the currently scheduled
trial, and all associated dates, sine die in order to allow the parties to negotiate an appropriate
Case 1:21-cv-01456-GBW Document 224 Filed 06/16/23 Page 1 of 2 PageID #: 7453
2
stipulated judgment that may include dismissal of certain of Leane Defendants’ counterclaims
without prejudice.
3. Upon the issuance of the stipulated judgment, the Court may deny the Leane
Defendants’ Motion for Judgment on the Pleadings [D.I. 104] as moot.
Dated: June 16, 2023
Respectfully submitted,
BUCHANAN INGERSOLL &
ROONEY PC
/s/ Geoffrey G. Grivner
Geoffrey G. Grivner (No. 4711)
Kody M. Sparks (No. 6464)
500 Delaware Avenue, Suite 720
Wilmington, DE 19801
(302) 552-4200
geoffrey.grivner@bipc.com
kody.sparks@bipc.com
Attorneys for CBV, Inc.
BAYARD, P.A.
/s/ Stephen B. Brauerman
Stephen B. Brauerman (No. 4952)
Ronald P. Golden III (No. 6254)
600 North King Street, Suite 400
Wilmington, DE 19801
(302) 655-5000
sbrauerman@bayardlaw.com
rgolden@bayardlaw.com
Attorneys for ChanBond, LLC
TROUTMAN PEPPER HAMILTON
SANDERS LLP
/s/ James H.S. Levine
James H.S. Levine (No. 5355)
Hercules Plaza, Suite 5100
1313 N. Market Street
P.O. Box 1709
Wilmington, DE 19899-1709
(302) 777-6500
james.levine@troutman.com
Attorneys for IPNAV, LL
